Census Bureau data for Wallace CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Wallace CDP
- What is the median household income in Wallace CDP?
- The median household income in Wallace CDP is $115,216 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Wallace CDP?
- The poverty rate in Wallace CDP is 6.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Wallace CDP?
- $377,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in Wallace CDP?
- The median gross rent in Wallace CDP is $1,394 per month (U.S. Census Bureau ACS 2023).
- What percentage of Wallace CDP residents have a college degree?
- 48.6% of adults in Wallace CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
3,965
Median Income
$115,216
Median Home Value
$377,600
Poverty Rate
6.7%
Unemployment (ACS 2023)
0.1%
Median Age
35.0 yrs
Since 2019
Median Income:
+$25,077 (+27.8%)
Home Value:
+$84,700 (+28.9%)
Poverty Rate:
-6.9 pp (-50.7%)
Bachelor's+:
+12.9 pp (+36.1%)
Unemployment:
-2.6 pp (-96.3%)
Demographics
Total Population
3,965
Median Age
35.0
Female
48.2%
Race & Ethnicity
Hispanic or Latino 1.5%
White (non-Hisp.) 71.9%
Black 2.3%
Asian 7.2%
Two or More 17.1%
Other 1.2%
Asian Subgroups (% of total pop.)
Korean
4.1%
Japanese
2.5%
Chinese
0.6%
Hispanic Subgroups (% of total pop.)
Mexican
0.4%
Puerto Rican
0.3%
Cuban
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$115,216
±$32,435
+$43,505 vs. state
Per Capita Income
$156,209
Median Family Income
$118,985
Poverty Rate
6.7%
-2.2 pp vs. state
Child Poverty Rate
8.9%
Working-Age Poverty Rate
—
SNAP Recipients
4.2%
Social Security Income
—
Retirement Income
38.6%
Household Income Distribution
< $10k
2.1%
$10–15k
6.3%
$15–25k
1.3%
$25–35k
8.1%
$35–50k
3.4%
$50–75k
8.1%
$75–100k
18.8%
$100–150k
23.3%
$150–200k
10.0%
$200k+
18.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,353
Owner-Occupied
93.9%
Renter-Occupied
6.1%
Vacancy Rate
0.0%
Median Home Value
$377,600
+$52,600 vs. state
Median Gross Rent
$1,394
Owner Cost Burden (30%+)
14.4%
Renter Cost Burden (30%+)
0.0%
Home Value Distribution
< $50k
1.5%
$100–200k
9.6%
$200–300k
24.5%
$300–500k
43.0%
$500k–$1M
19.4%
$1M+
1.3%
Gross Rent Distribution
$500–1k
12.2%
$1–1.5k
54.9%
$2.5–3.5k
32.9%
Vehicle Availability
1 vehicle
18.8%
2 vehicles
51.3%
3+
29.9%
Housing Type
Single-fam. det.
98.0%
20+ units
2.0%
Housing Age
1970–1999
15.1%
2000–2009
13.7%
2010+
46.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
99.7%
Bachelor's or Higher
48.6%
+15.4 pp vs. state
Graduate Degree
14.8%
Some College / Associate
20.7%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
59.1%
Unemployment Rate
0.1%
-4.7 pp vs. state
Work from Home
12.2%
Self-Employed
4.1%
Government Workers
15.4%
Private For-Profit
80.5%
Industry
Edu/Health
25.6%
Finance
12.6%
Manufacturing
10.5%
Arts/Entmt.
9.9%
Public Admin
8.7%
Wholesale
8.1%
Retail
7.9%
Prof. Services
7.7%
Construction
2.2%
Transportation
1.7%
Agriculture
0.5%
Occupation
Management
48.5%
Sales
23.0%
Food Prep
16.2%
Construction
7.7%
Production
4.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
42.3 min
Drove Alone
80.8%
Carpool
4.1%
Public Transit
0.0%
Work from Home
12.2%
Walked
0.8%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,353
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
73.5%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
31.0%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
11.0%
5–9
4.7%
10–14
9.7%
15–19
3.7%
20–24
4.7%
25–34
15.6%
35–44
11.3%
45–54
7.8%
55–64
4.5%
65–74
8.1%
75–84
12.5%
85+
6.4%
Under 18: 28.4%
Working age (18–64): 71.6%
65 and over: 18.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
6.6%
Naturalized Citizen
64.4%
Speaks English Less Than Very Well
5.2%
Foreign-Born Origin
Europe
58.6%
Latin America
22.6%
Asia
18.8%
Veterans & Disability
Veteran
18.0%
With a Disability
18.9%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.9%
Uninsured
5.1%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
96.2%
Has a Computer
98.1%
Same House 1 Year Ago
94.8%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023